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This is a great primer on social enterprise, clearly laid out and packed with information for those of you about to start your SocEnt journey.
You can view, print or download a copy of this publication here (pdf).
The chapters include sections on Mission, Market and Money, as well as Marketing and Branding and the all important Business Plan.
There is also a very clear grid format page which illustrates the choices of good governance you can pursue, in order to control and support your Social Enterprise ambitions as a community.
We particularly liked the SEUK section on Looking After Yourself.
It is easy, in the whirl of excitement and drive to make things happen to forget about individual well-being in pursuit of the goal. We have repeated the sensible advice below…
”Pay yourself properly – as soon as is practically possible, pay
yourself properly; some social entrepreneurs pay other people
first in the organisation, but everyone needs to live…
Find a mentor – a mentor is someone independent outside your organisation
to talk to who can provide advice and support to you; organisations like
UnLtd and the School for Social Entrepreneurs will often link you to mentors
as part of their support, but you may be able to identify your own…
Be part of networks – there are lots of local, regional and national groups and
networks for social enterprises, from national bodies like Social Enterprise UK
to the Social Enterprise Places across the country to local and regional networks
like SELNET in Lancashire or SEEE in the East of England; they will often run
events, send newsletters with information, and provide connections to others. (…and SocEntEastMids too…Ed).
Don’t neglect family and friends – take time out, spend time with
the people you like and love, and you will be better refreshed, more
focused and more productive when you return to the enterprise…
Keep learning – this is a fast-moving world, and there are new developments,
opportunities and information to find out about; events and newsletters can
help with this, as can podcasts or books on business and social enterprise…”
Source: Social Enterprise UK, Start your social enterprise, p.13 Accessed 02.08.2017
A useful addition to your armoury when building your community business to effect change.
We recommend it as a great starting point for changing the world, or even a bit of it in the immediate vicinity at first!
Here at SocEntEastMIds we are trying to build a new starting point. A resource for information about social enterprise, news and stories from successes, and those that didn’t go well. To promote understanding and to get easy access to a community project road map.
First principles are important and you can find a good read about building social businesses on our Good Reads page here. We will be expanding our library of good reads in the future. (It’s been our road-map for a long time now too…Ed.)
Having a chat about your idea is also important too. Not all project ideas grow, but those that do invariably begin by talking to experienced practitioners, even informally. You get an idea about a business landscape before you enter it. SocEntEastMIds is happy to have a conversation – contact us here.
The British Council have published a great resource, Social Enterprise in the UK, a sort of ‘SocEnt primer’ and an illustrated overview of the social business sector. One of the best we know.
It covers everything you might need to know about social enterprise and community business – from governance to diversity, from incubation to consortia.
You can download your free copy here. It’s a big book, packed with information and structural insight.
If we can help pick a chapter and we’ll come and talk to you about it. Contact us here.
If you need it, pick a chapter, and we’ll create a one hour workshop and come and deliver it to you. Contact us here.
We are particularly keen to hear from community groups, faith groups, childcare and education settings of all kinds who are beginning to wrangle with ‘sustainability’.
No charge and, as our Partnership Australian colleagues say, ‘no worries’. You can find out more SocEntEastMids on our About Us page here.
‘Social Saturday is an annual campaign which inspires consumers to buy from social enterprises, businesses that put people and planet first. It is led by the national body for social enterprises, Social Enterprise UK (SEUK) and is supported by the Department for Culture, Media and Sport.’
In 2016 over sixty events took pace across the UK, and this year there are lots of ways in which to get involved at home and work.
Buy Social Corporate Challenge
Led by Social Enterprise UK in partnership with the Department for Culture, Media and Sport and Business in the Community, a number of forward-thinking corporate businesses are opening up their supply chains to the UK’s 70,000 social enterprises. The ambition is to collectively spend £1 billion with social enterprises by 2020. Why not join them.
Within local authority settings social enterprises can play a number of key roles in your supply chain. As ethical social businesses thay can provide services to the public, fromhealth support to transport, or deliver environmental projects to protect green spaces and foster good community interaction and engagement.
Things you might do in the LA area…
Lets make Social Saturday 2017 another fantastic day for your social enterprise.
Advancing social impact in the energy sector – with the support of Centrica.
If you are over 16 years of age, resident in the UK and looking to develop your energy business potential…then you should apply to the Ignite Social Enterprise challenge. With investment available from betwwen £50k and £2m, then put your energy, enthusiasm and nascent business in the best place to ‘give it wings’.
You need to contact ignite (at ) centrica.com to discuss your idea and to obtain an application form. The deadline for the simple first round is 31st January, 2017.
You can see fuller details and the complete eligibility criteria here – http://ignitesocialenterprise.com/challenge/
You’ll get support and a brilliant networking opportunity in the energy sector if you are successful. Don’t let the light go out on your idea…IGNITE IT
From the archive:
We last featured Ignite on the pages of Mining the SEEM in 2015. Check out that year’s process and previous winners for even more background.
‘The Institute of Enterprise and Entrepreneurs has been over 15 years in the making and exists to make sure that all those involved in enterprise are able to access the support they need, when they need it’.
Whether your interest lies in tracking SFEDI Centres of Excellence or in developing apprenticeships and wider learning in business, then Think Enterprise has something of interest for you.
Be sure to check out pages 16 & 17, with their 2016 Enterprise Awards almost upon us, if only to read of the developmental success of others can in itself an inspiring and confidence building thing as you grow your own business, whatever sector you are in.
You can find the IOEE on-line here.
The Nottingham Social Impact Fund supports the development of new and existing social enterprises, jobs and growth, offering loans from £5,000 to £150,000.
The Fund believes community and social enterprises not only reignite local economies, but are best placed to tackle social problems, from community-owned pubs, social care services, high-tech renewable energy solutions and recycling schemes.
Dave Thornett, Business Development Manager at Key Fund, said “Nottingham has a strong social enterprise community with the creative arts, the universities and communities. We want to help these businesses grow and play our part in starting new ones in the city. There are great businesses such as Sneinton Market Traders and Food Freedom already growing and organisations such as The Creative Quarter and The Hive stimulating activity.”
If you are interested in Nottingham Social Impact Fund contact Andy Croft via:
Andy.firstname.lastname@example.org or on 07814 832852
Planning your new social enterprise in 2016?
You can find some simple and effective Key Fund toolkits below. Whether needing to survey and assess your income needs as an individual, or a family unit, or to calculate various loan interests.
You can also find a template for creating your Social Enterprise Business Plan. This will guide you methodically and clearly through the steps you need to plan your governance, your policies and your operational delivery – all focused on social enterprise creation and sustainability.
View, print or download your cashflow template here (MS Excel file).
View, print or download your Loan Illustrator here (MS Excel file).
The Key Fund main web pages also have a more comprehensive and detailed set of resources available on the Fund Start-up Advice web centre (Courtesy of Start-up Donut). This offers you more insight and detailed resources for creating a new social business and has links to a variety of services and information that new groups or companies will find useful.
So, wherever you are on your social business journey in 2016, from first idea to seeking social investment, you can contact The Key Fund Team here.
A happy and enterprising 2016!
‘Design Council Spark is a product innovation fund and programme designed to fast-track products to market. Spark is looking for brilliant ideas at prototype stage.
Source: The Design Council, December 2015
The short film below shows designer Wayne Hemingway, talking about the process of design and invention, and how the Design Council Spark Award fosters the creation of new products and enterprise to create and market your ideas.
Wayne Hemingway says ‘..ideas are free, now is the chance to make those ideas a reality…’
Your concept must be to create a physical product and you need to be UK based to qualify for entry. Up to 150,000 Pounds prize money is to be shared by the winning entries, as well as a period of development and design support to realise your dream.
Good luck with your entry!
Nottingham’s Miles Waghorn has emerged the triumphant winner of the SEEM ‘New Business Idea’ Award at the inaugural Venturefest East Midlands with his innovative TechSilver e-commerce store.
Over 1000 delegates gathered at the East Midlands Conference Centre in Nottingham for Venturefest. A mix of entrepreneurs, business owners, academics, business services and representatives of large multinationals joined together to grow the East Midlands’ innovation eco-system.
Miles, a 22 year old social entrepreneur, secured the coveted SEEM award for his business idea that provides solutions for seniors. TechSilver, a ‘technology store for the later lifestyle’, provides innovative products and supportive services, designed, created or adapted for senior users ensuring they make the most of their purchases.
Based on feedback he received from ‘senior’ customers whilst working in the technology department of a major UK supermarket store, Miles decided to make this idea a reality. Six months after completing the ‘HeadStart’ entrepreneurial programme at The Hive, Nottingham Trent University’s business incubation facility, TechSilver was born.
Roger Moors, CEO of SEEM said he was delighted that Miles had won the award adding that many senior members of society would now benefit from this support and be able to access technology that they may feel is a little intimidating at times.
Pictured, Miles receiving the SEEM Award from special guest, Simon Woodroffe OBE founder of ‘Yo’ Sushi’…